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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (65731)	10/11/2019 6:06:50 PM
From: Goose94	Read Replies (1) \| Respond to of 203160

Gran Tierra Energy (GTE-T) revisited top pick from Josef Schachter on BNN.ca Market Call Thirst-day Oct 10th @ 1200ET Gran Tierra is focused on production in basins in Colombia and last year added a complimentary acreage in Ecuador that has great potential. Production in Q2/19 was 35,340 b/d (100 per cent oil) and the stock has a market capitalization of over $500 million. Cash flow in 2019 should be US$360 million. In 2019, they should drill 26 to 30 development wells and six to eight exploration wells. We look for Gran Tierra to exit 2019 with production in excess of 40,000 barrels per day. The stock is trading at the lowest valuation we’ve seen in our lengthy coverage of the company. Our one-year target is $5.50 per share. We’re fans of management and the CEO owns 2.5 million shares. Buy on weakness during tax loss selling season. The stock now tradews below its PDP reserve value.